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Fossil Fuels

Fossil Fuels

Brazil's sugar production predicted to fall 4.8% in 2024/25, says Datagro

Brazilian mills in the primary sugar area of CentreSouth (CS) are forecasted to produce 4.8% less sugar in the new season that begins in April, compared with the previous crop, consultancy Datagro stated in a. discussion on Wednesday. Datagro predicted Brazil's 2024/25 sugar output at 40.45. million metric tons versus 42.50 million loads in 2023/24, saying. that drier-than-normal weather in producing locations considering that November. will cut sugarcane volume by 9.8% to 592 million tons. Datagro's chief analyst Plinio Nastari stated during the. presentation that farming yields in Brazil's CS will likely. fall to 78.8 tons of sugarcane per hectare...

Fossil Fuels

Lower LNG rates activate surge in Asian spot market purchases

Pricesensitive liquefied gas buyers from China, India and parts of Southeast Asia are getting more area deliveries of the fuel to power industries and produce electrical energy after costs have fallen to the most affordable level in nearly 3 years. The price-led demand revival could push LNG imports by the world's top buyer China beyond its record volume of 78.8 million metric heaps in 2021 and also raise India's imports by about 10%. this year, analysts said, tightening up global materials and. eventually raising costs. Area LNG imports by Asian buyers increased by almost a 3rd. in the first quarter...

Oil & Gas Refining

Chandra Asri purchase of Shell Singapore refinery brings scale, threat

While Chandra Asra's offer to buy Shell's Singapore refinery will see it join the ranks of Southeast Asia's largest petrochemicals players, it is handling the danger of running an aging facility in an extremely competitive sector. In taking control of Shell's Bukom facility, which dates to 1961, Indonesia's Chandra Asri Pacific will get a property that is less effective than more modern-day plants however which gives it a second naphtha cracker, broadens its product portfolio, and renders unnecessary strategies to develop a greenfield complex in its home country, experts and industry insiders stated. Owning a refinery for the first time...

Fossil Fuels

China to show off homegrown airliner at Singapore air show amid supply crunch

Singapore will play host to Asia's biggest air show next week for the very first time since completion of COVID border limitations, with regional travel rebounding and the military side of the show bristling with anxious arms and protective systems buyers. An anticipated full return of civil demand in Asia is being checked by an industry-wide supply crunch and macroeconomic headwinds, nevertheless - particularly worldwide's second-largest aviation market, China - while geopolitical tensions have actually put weapons in the spotlight. Supply chain problems are restricting the ability of many airlines to upgrade their fleets and service their airplane, said Association...

Fossil Fuels

Asian spot LNG prices inch up on emerging Chinese demand

Asian area melted natural gas (LNG) costs inched up this week as temperature levels listed below seasonal typical levels in China pushed buyers back into the market, especially as costs had actually just recently fallen below that of some oillinked agreements. The typical LNG price for April delivery into north-east Asia rose to $8.60 per million British thermal units ( mmBtu), a level last seen in late April 2021, from $8.30 the previous week, industry sources approximated. This week, we've seen Chinese LNG imports being supported by cold weather condition, specifically in the southern areas, stated Ryhana Rasidi, LNG expert...

Fossil Fuels

United States LNG exports fall in February on failure and less calendar days

A monthlong closure at Freeport LNG plant in Texas and less days in the month pressed February U.S. liquefied gas exports 7% lower than in January, initial date from financial firm LSEG showed on Friday. The drop followed record deliveries in 2015 that propelled the U.S. to the world's largest exporter, above Qatar and Australia, a rank it is expected to keep this year. U.S. exports of the superchilled gas fell to 7.73 million metric heaps (MT) in February, down from 8.3 MT in January and a. record 8.6 MT delivered in December. The February decrease resulted mainly from the...

Environment

Environment

Thai scuba divers look for to take on 'ghost equipment' threatening marine life

Underneath the surface of the blue-green waters off a beach on Thailand's. holiday island of Phuket, divers laboriously gather abandoned. fishing gear, much of it made from plastic, that is tangled on. coral and trapping sea life. This discarded or lost fishing equipment is known in your area as. ghost gear and is a growing issue in waters off Thailand and. beyond, capturing marine life and contributing to microplastics. pollution as webs and ropes break down gradually. According to Thailand's Department of Marine and Coastal. Resources, estimates of the portion of threatened marine life. impacted by plastic contamination in the...

Climate Change

Thai scientists reproduce coral in laboratories to restore abject reefs

On a stellar night, 4 Thai marine biologists scuba dived through shallow waters off an island in the country's south as billions of pink specks floated up from the ocean floor in a. spectacle that occurs just when a year. The pink specks were sperm and eggs released by coral. The. scientists collected as many samples as possible for breeding,. as they battle to save Thailand's extensive reefs from. degradation driven by warming oceans and human activity like. tourism. Their research study is painstaking because the coral only generate. once a year, and it can take up to 5 years...

Environment

Brazil mills enhance sugar capacity, 'leave' ethanol to corn processors

Brazil walking cane mills will improve their sugar production capability as much as 10% in the brand-new season from April to make the most of reasonably high sugar costs and as increasing supplies of corn make the grain a cheap feedstock for ethanol output. Brazil is the world's biggest sugar producer. It accounted for almost 50% of global sugar trade last year as undesirable weather due to the El Nino environment pattern decreased output and exports from rivals India and Thailand. Sugar rates have actually dipped from a 12-year peak hit in November, however are still traditionally high. Brazilian mills...

Renewable Energy